World Very Small Aperture Terminal (VSAT) Market 9.52% CAGR Growth to 2020

RnRMarketResearch.com adds Global Very Small Aperture Terminal Market 2016-2020 latest research report, this analyst forecast the global very small aperture terminal (VSAT) market to grow at a CAGR of 9.52% during the period 2016-2020.

World Very Small Aperture Terminal (VSAT) Market 9.52% CAGR Growth to 2020

October 13, 2016 /MarketersMedia/

The global very small aperture terminal market analyst says increased use of satellite services for cross-vertical applications will be a key trend for market growth. VSAT plays a vital role in enabling communication for emerging technology. With the changing technology and growing demand for world-class health facilities, the need of the hour is telemedicine. Telemedicine is the exchange of medical information from one site to another via electronic communications to improve a patient's health status. It includes a variety of applications and services using two-way communication via video, email, and other forms.

Complete report on very small aperture terminal market spread across 80 pages, analyzing 7 major companies and providing 29 data exhibits are now available at http://www.rnrmarketresearch.com/global-very-small-aperture-terminal-market-2016-2020-market-report.html

According to the 2016 very small aperture terminal market report, one of the key drivers for market growth will be the government initiatives for effective communication services. Governments across the globe are taking initiatives to increase the overall penetration of the internet and voice-based services. Governments of various countries are also mandating cellular operators to incorporate the universal service obligation, which enables them to take advantage of the low cost and faster rollout of VSAT services, thereby empowering rural customers to use VSAT communications.

The services segment led the global very small aperture terminal market during 2015. VSAT services are extensively used in the healthcare sector as they help hospitals and clinics maintain direct two-way communications and data exchange with victims during emergency scenarios. More than 60% of the public authorities in Europe have adopted satellite-based services to improve their existing ones. Also, satellite broadband services are helpful in civil protection as they support government agencies to analyze and manage the causal factors of disasters. It also aids in analyzing the risks, planning, and implement prevention measures. Order a copy of Global Very Small Aperture Terminal Market 2016-2020 report @ http://www.rnrmarketresearch.com/contacts/purchase?rname=714454

The following companies are the key players in the global very small aperture terminal (VSAT) market: Gilat Satellite Networks, Harris CapRock, Hughes Network Systems, Inmarsat, KVH Industries, ViaSat, and VT iDirect. Other prominent vendors in the market are: Cambium Networks, Comtech Telecommunications, Emerging Markets Communications, Gigasat, GomSpace, Imtech Marine, Mitsubishi Electric, ND Satcom, Newtec, Norsat International, OmniAccess, Polarsat, SageNet, SkyCasters, SpaceQuest, SpeedCast, Tatanet Services, Telespazi, and Vizada.

The APAC region was the highest revenue contributing region in the global very small aperture terminal market and is expected to continue its dominance over the forecast period. Being a disaster-prone region, most countries in the APAC region require satellite broadband communication to provide timely and accurate disaster management. In addition, satellite broadband communication helps to develop extensive GIS data, which is used for analyzing and managing various hazardous activities such as mining. The region is anticipated to witness significant growth leading to the increasing adoption advanced satellite technology over the next four years.

Global Very Small Aperture Terminal (VSAT) Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. To calculate the market size, the report considers the sales revenue of VSAT terminals, antenna dishes, indoor unit, and outdoor unit (ODU), shipped globally.

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